Pilko3 I love the optimisim but, where is the infrastructure to...

Pilko3 I love the optimisim but, where is the infrastructure to support drilling "a giant number of wells each year"?

IVZ had to pay to park 1 rig for most of the past year to ensure they had a rig to drill their second well.

The reference to expansion of drilling in USA is interesting but that was a ramp up of infrastructure in a country where an active oil and gas drilling program has been ongoing for over 100 years.

If MK-2 flows then maybe it can be tied in as a producer but any power generator or ammonia producer will want additional wells to ensure a high degree of supply certainty before they commit to putting in their facilities. There may be a ramp up of drilling and production over time as infrastructure (wells, processing facilities, pipelines etc) is designed and put in place.

The curent lets park a rig so we can drill one well, let raise cash to fund prep for 3D seismic and testing a well, saps investor confidence regardless of the size and quality of the underlying discovery. If SM believes he has a commercial discovery he needs to clearly articulate how this goes from a constrained drip feed of funding individual activities to reliable ongoing funding in place for a program which can properly appaise and develop the field.